Lithia says Q2 net income slipped 11% while new stores lifted revenue 12%
Lithia Motors reported second-quarter revenue of $8.1 billion, up 12 percent from a year earlier, but net income fell 11 percent to $301.1 million......»»
Lear says Q2 earnings rise on record sales, lowers outlook amid EV uncertainty
Lear reported record sales and a modest gain in second-quarter net income as the company brings more automation technology in-house and adjusts to rapidly changing EV strategies......»»
Early CDK Global DMS return helped ease Group 1"s Q2 losses
The auto retailer estimates it lost $17 million in pretax income in the second-quarter due to the CDK outage......»»
Ford Q2 earnings: Net income falls 4.5%, but revenue rises on strong commercial vehicle sales
Ford attributed a 6.5 percent revenue increase to strong results from its Ford Pro commercial vehicle unit, which earned $2.6 billion and achieved a 15.1 percent margin......»»
Group 1 net income falls 19% in Q2, hurt by CDK outage
All of the company's stores remained open and used alternative processes throughout the CDK outage, Group 1 said......»»
Perceptions of income inequality drive consumers" interests in counterfeit luxury goods, study finds
The study found that as perceptions of income inequality increased, consumers value counterfeit luxury products for their "egalitarian value," a worth associated with the fake goods' perceived ability to restore equality in society......»»
Tesla"s Q2 net income falls 45% to $1.5 billion, but revenue comes in slightly higher
Tesla reported revenue of $25.5 billion in the second quarter, compared with $24.9 billion a year earlier. Wall Street analysts on average had estimated revenue at $24.8 billion......»»
Protect the child, save the adult: An opportunity to cut Australia"s welfare costs by nearly 40%
New research from the University of South Australia shows that people who have suffered child abuse or neglect are three times more likely to access government income support payments in early adulthood, underlining the costly and long-term effects o.....»»
Jaguar"s push upmarket to include "boutique stores"
The first high-end location will be in Paris, with Miami, London, Shanghai and Tokyo to follow......»»
GM ups guidance after posting 14% higher profit, record Q2 revenue
GM said it set records for global revenue, North American profit and North American revenue in the second quarter, by strong sales of pickups and SUVs......»»
Using forest resources strengthens food security, study finds
Forests can reduce hunger in rural households while also capturing carbon and advancing sustainability goals for low- and middle-income countries, according to new research by University of Notre Dame experts......»»
VinFast forms U.S. dealer advisory board as it seeks to grow from 25 stores
VinFast formed a U.S. dealer council for its 25 stores and the new advisory board met with VinFast leadership July 17 in Los Angeles......»»
Microsoft"s massive outage now hits Apple Pay terminals worldwide
A catastrophic Microsoft outage has taken down Windows systems across the globe, but while no Apple systems are affected, some stores are unable to use their terminals to accept Apple Pay.An unknown number of Apple Pay terminals are affected by the M.....»»
Fish biodiversity found to benefit nutrition, particularly for lower income people
Households caught and consumed a far more diverse array of fish than they sold at market, which has important implications for how loss of biodiversity might affect people's nutrition, especially for those with lower incomes. A Cornell study is one o.....»»
AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattack
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Fleet customers" data could generate revenue if automakers can learn to share
Offerings meant to sweeten the deal for telematics illustrate just how badly automakers want fleet customers to use their data-generating and tracking features......»»
AutoNation, Sonic likely to be hardest hit on Q2 earnings by CDK cyberattacks
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
Q2 earnings: CDK Global shutdown will hit all 6 public auto retailers, analysts predict
Both the second- and sixth-largest dealership groups in the U.S. use CDK's dealer management system at all stores......»»
After breach, senators ask why AT&T stores call records on “AI Data Cloud”
AT&T ditched internal system, stores user call logs on "trusted" cloud service. Enlarge (credit: Getty Images | Ronald Martinez) US senators want AT&T to explain why it stores massive amounts of call and text message rec.....»»
Ally Q2 net income slips 11%; auto income down 19%
Ally Financial's net income fell 11 percent in the second quarter as the bank set aside more money in case of losses, experienced higher expenses and drew less net revenue from financing......»»
Uber Eats eats into Uber ridesharing
When Uber expanded into food delivery, the move was expected to bring additional revenue to the ridesharing company. It certainly did......»»